Journey Energy Balance Sheet Health
Financial Health criteria checks 3/6
Journey Energy has a total shareholder equity of CA$345.1M and total debt of CA$51.2M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are CA$579.5M and CA$234.4M respectively. Journey Energy's EBIT is CA$20.6M making its interest coverage ratio 2.6. It has cash and short-term investments of CA$164.0K.
Key information
14.83%
Debt to equity ratio
CA$51.19m
Debt
| Interest coverage ratio | 2.6x |
| Cash | CA$164.00k |
| Equity | CA$345.12m |
| Total liabilities | CA$234.38m |
| Total assets | CA$579.50m |
Recent financial health updates
Journey Energy (TSE:JOY) Has No Shortage Of Debt
Jun 10
Here's Why Journey Energy (TSE:JOY) Is Weighed Down By Its Debt Load
Dec 17Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?
Sep 09Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?
Jan 06Recent updates
Journey Energy Inc. (TSE:JOY) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Nov 11Investors Will Want Journey Energy's (TSE:JOY) Growth In ROCE To Persist
Oct 23Further Upside For Journey Energy Inc. (TSE:JOY) Shares Could Introduce Price Risks After 28% Bounce
Sep 03We Like These Underlying Return On Capital Trends At Journey Energy (TSE:JOY)
Jul 12Further Upside For Journey Energy Inc. (TSE:JOY) Shares Could Introduce Price Risks After 34% Bounce
Jun 15Journey Energy (TSE:JOY) Has No Shortage Of Debt
Jun 10Shareholders May Be Wary Of Increasing Journey Energy Inc.'s (TSE:JOY) CEO Compensation Package
May 15Journey Energy Inc. (TSE:JOY) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless
May 01Beyond Lackluster Earnings: Potential Concerns For Journey Energy's (TSE:JOY) Shareholders
Mar 20Investors Continue Waiting On Sidelines For Journey Energy Inc. (TSE:JOY)
Feb 26Here's Why Journey Energy (TSE:JOY) Is Weighed Down By Its Debt Load
Dec 17A Piece Of The Puzzle Missing From Journey Energy Inc.'s (TSE:JOY) Share Price
Oct 30Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?
Sep 09Estimating The Fair Value Of Journey Energy Inc. (TSE:JOY)
May 21Journey Energy Inc.'s (TSE:JOY) Shares Leap 27% Yet They're Still Not Telling The Full Story
Apr 26Weak Statutory Earnings May Not Tell The Whole Story For Journey Energy (TSE:JOY)
Mar 19We Like These Underlying Return On Capital Trends At Journey Energy (TSE:JOY)
Feb 06We Ran A Stock Scan For Earnings Growth And Journey Energy (TSE:JOY) Passed With Ease
Dec 20Journey Energy's (TSE:JOY) Returns On Capital Are Heading Higher
Jul 25Returns Are Gaining Momentum At Journey Energy (TSE:JOY)
Mar 30Does Journey Energy (TSE:JOY) Have A Healthy Balance Sheet?
Jan 06Financial Position Analysis
Short Term Liabilities: JOY's short term assets (CA$32.1M) do not cover its short term liabilities (CA$55.5M).
Long Term Liabilities: JOY's short term assets (CA$32.1M) do not cover its long term liabilities (CA$178.9M).
Debt to Equity History and Analysis
Debt Level: JOY's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: JOY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JOY's debt is well covered by operating cash flow (99%).
Interest Coverage: JOY's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/24 14:49 |
| End of Day Share Price | 2025/11/24 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Journey Energy Inc. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Patrick O'Rourke | ATB Capital Markets |
| Thomas Matthews | ATB Capital Markets |